Financial Crime

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Financial Crime & Sanctions Senior Manager | Addleshaw Goddard Dubai | Apply Now

Responsibilities

The role involves undertaking technical, judgment and decision-based work to ensure a robust FCS environment is maintained and relevant FCS controls are effective, including:

Responding to various regulatory requests/audits in the GCC, such as annual regulatory returns, MLRO Reports, sanctions returns, audits and thematic reviews and contributing to the Firm's Practice-Wide Risk Assessment, as it relates to the Firm's business in the GCC;

Providing expert advice and support to the Firm on a broad range of FCS compliance issues in the GCC, including the application of legislation, regulations and policy in the context of client / matter risk assessment, reporting, third party payments/receipts, and complex/high risk queries and approvals;

Overseeing complex / high risk clients / matters and making referrals involving clients and matters in the GCC to the Firm's AML Committee (and the GC on reputational issues) and giving recommendations on approach / approval;

Being a point of escalation for the BAU and FCS Teams on any complex queries relating to the regulatory regime in the GCC and providing oversight in relation to FCS compliance in the GCC across the FCS team;

Engaging and influencing Partners, Fee Earners and other stakeholders in the GCC on FCS compliance and strategy including all elements of the Firm's file opening/CDD policies, procedures and controls (including Source of Funds and Wealth) and the review of FCS risk issues;

Maintaining an excellent understanding of the FCS regulations and legislation in relation to the Firm's operational jurisdictions (with particular emphasis on the GCC) and "horizon scanning" to anticipate change in the same;

Assessing potential reporting obligations (for example, suspicious activity reporting) under relevant legislation in the GCC and providing support and input to the Firm's MLROs in relation to same;

Conducting detailed analysis of UN, EU, UK, and US sanctions regimes and escalating potential issues to the Firm's Global Investigations Team, General Counsel and MLRO, as appropriate;

Advising on bribery and corruption queries, including supplier due diligence, reviewing client terms and policy statements, and escalating to the Firm's Anti-Bribery and Corruption Officer, as appropriate; and

Keeping abreast of emerging financial crime threats and ensuring the Firm receives timely, updated guidance to manage the risks.

YOUR AREAS OF KNOWLEDGE AND EXPERTISE

The role requires the following skills and competencies:

A minimum of five years' experience working in an FCS advisory role in a legal or compliance team of an International Law Firm, a listed/regulated financial institution or a non-legal professional services business

Extensive knowledge and technical experience of relevant financial crime and sanctions regulation and legislation in the GCC and a deep understanding of risk and the regulatory framework in the GCC

Ability to use own initiative and apply appropriate judgement, escalating issues as required, with a proven ability to respond quickly to urgent queries, meet deadlines and deliver results

Commercial focus, with an ability to see the opportunity and not just the risks and also adopt a proactive approach, seeking ways to add value and drive quality within risk appetite.

Ability to influence Partners and senior stakeholders, build rapport but challenge where necessary and to communicate persuasively in person, by telephone and in writing

Dynamism – willing to engage with and champion change. Ability to assess, draft, and update policies and procedures

A relevant, industry-recognised qualification relating to financial crime would be beneficial

An eye for detail but with an ability to see 'the big picture' and get things done

Responsibilities

The role involves undertaking technical, judgment and decision-based work to ensure a robust FCS environment is maintained and relevant FCS controls are effective, including:

Responding to various regulatory requests/audits in the GCC, such as annual regulatory returns, MLRO Reports, sanctions returns, audits and thematic reviews and contributing to the Firm's Practice-Wide Risk Assessment, as it relates to the Firm's business in the GCC;

Providing expert advice and support to the Firm on a broad range of FCS compliance issues in the GCC, including the application of legislation, regulations and policy in the context of client / matter risk assessment, reporting, third party payments/receipts, and complex/high risk queries and approvals;

Overseeing complex / high risk clients / matters and making referrals involving clients and matters in the GCC to the Firm's AML Committee (and the GC on reputational issues) and giving recommendations on approach / approval;

Being a point of escalation for the BAU and FCS Teams on any complex queries relating to the regulatory regime in the GCC and providing oversight in relation to FCS compliance in the GCC across the FCS team;

Engaging and influencing Partners, Fee Earners and other stakeholders in the GCC on FCS compliance and strategy including all elements of the Firm's file opening/CDD policies, procedures and controls (including Source of Funds and Wealth) and the review of FCS risk issues;

Maintaining an excellent understanding of the FCS regulations and legislation in relation to the Firm's operational jurisdictions (with particular emphasis on the GCC) and "horizon scanning" to anticipate change in the same;

Assessing potential reporting obligations (for example, suspicious activity reporting) under relevant legislation in the GCC and providing support and input to the Firm's MLROs in relation to same;

Conducting detailed analysis of UN, EU, UK, and US sanctions regimes and escalating potential issues to the Firm's Global Investigations Team, General Counsel and MLRO, as appropriate;

Advising on bribery and corruption queries, including supplier due diligence, reviewing client terms and policy statements, and escalating to the Firm's Anti-Bribery and Corruption Officer, as appropriate; and

Keeping abreast of emerging financial crime threats and ensuring the Firm receives timely, updated guidance to manage the risks.

YOUR AREAS OF KNOWLEDGE AND EXPERTISE

The role requires the following skills and competencies:

A minimum of five years' experience working in an FCS advisory role in a legal or compliance team of an International Law Firm, a listed/regulated financial institution or a non-legal professional services business

Extensive knowledge and technical experience of relevant financial crime and sanctions regulation and legislation in the GCC and a deep understanding of risk and the regulatory framework in the GCC

Ability to use own initiative and apply appropriate judgement, escalating issues as required, with a proven ability to respond quickly to urgent queries, meet deadlines and deliver results

Commercial focus, with an ability to see the opportunity and not just the risks and also adopt a proactive approach, seeking ways to add value and drive quality within risk appetite.

Ability to influence Partners and senior stakeholders, build rapport but challenge where necessary and to communicate persuasively in person, by telephone and in writing

Dynamism – willing to engage with and champion change. Ability to assess, draft, and update policies and procedures

A relevant, industry-recognised qualification relating to financial crime would be beneficial

An eye for detail but with an ability to see 'the big picture' and get things done

Don't miss out on this exciting opportunity – apply now at